FACT or MYTH: If my insurance company dramatically increases the premium for my earthquake coverage, I can simply remove the coverage. My homeowners insurance will still cover any damage or total loss from an earthquake.

March 2017
MYTH! If your home is damaged as a result of an earthquake and you do not have earthquake coverage, your homeowners insurance will NOT cover any damage.

Financial Questions When Applying for Life Insurance

June 2015
You recognize the need for life insurance, but two important questions remain: How much coverage do you need? What information is needed to justify the amount of coverage? Depending on the reason you are applying for life insurance, there are several ways to determine the amount of coverage you need.

5 Reasons You Should Promptly Report a Claim

March 2015
Your insurance policy is merely a promise until you have a claim, but many people hesitate to report a claim to their insurer. Here are five reasons why you should promptly report a claim if you have an incident.

Housekeeping tips to prevent dryer fires

January 2015
Could you live without your clothes dryer? For many people, the clothes dryer is indispensable, but an improperly installed appliance could easily catch on fire. According to the U.S. Fire Administration, fire departments respond to roughly 2,900 clothes dryer fires each year, with an estimated $35 million in property damage. The leading cause of these fires was the failure to properly clean the dryers (34 percent), followed by dust, fiber and lint (28 percent) and clothing (27 percent.)

After the Storm: What Do I Do Next?

January 2015
The storm has passed and your family is safe. You took all the necessary precautions such as having an adequate supply of drinking water and a flashlight. You may have even purchased a generator to ensure uninterrupted electricity in the event of a power outage.

Marriage & Your Insurance

July 2014
Before you head to the chapel, you may want to consider visiting your insurance agent! The most common life event associated with a host of changes is marriage. As marriage joins two people together, it also joins their finances, their families, their assets and their insurance! In many cases, as your marital status changes so do your insurance needs.

FACT or MYTH: The risk of heat-related illness dramatically increases when the heat index climbs to 90 degrees or more.

June 2014
FACT! The risk of heat-related illness dramatically increases when the heat index climbs to 90 degrees or more. It is important to be aware of the heat index and plan scheduled breaks during extended outdoor activity.

FACT or MYTH: Correctly used child safety seats can reduce the risk of death by as much as 71 percent.

May 2014
FACT! Correctly used child safety seats can reduce the risk of death by as much as 71 percent, and older children sitting in a booster seat in the back seat of a car are 45 percent less likely to be injured in a crash than children using a seatbelt alone. The reasons for parents to adhere to these standards to protect their children are compelling; according to the National Highway Traffic Safety Administration (NHTSA), car crashes are the number one killer of children age 1 to 12 in the United States.

FACT or MYTH: When you make changes that increase the value of your home, you may also need to increase the coverage limit.

May 2014
FACT! Whether you do it yourself or hire a contractor, remember to update your homeowner insurance as you increase your homeís value.

Wellness Tip: Research shows your risk of heart disease and early death can be cut in half if you walk briskly for 30-45 minutes three to four days a week.

May 2014
In 30-45 minutes, walking at a brisk pace, you can cover up to 2 miles! Walking 3-4 times a week, you could walk over 30 miles a month!

FACT or MYTH: The current average lead-time for tornado warnings is 13 minutes.

May 2014
FACT! According to NOAA, the current average lead-time for tornado warnings is 13 minutes. This means that from the time a warning is issued to the time it is predicted to hit your area, you have 13 minutes to seek shelter. Are you prepared?

FACT or MYTH: 80% of collisions have some form of driver inattention as contributing factors.

April 2014
FACT! 80% of collisions and 65% of near crashes have some form of driver inattention as contributing factors (National Highway Traffic Safety Administration, 2010)

Healthy Breakfast Eaters Are Thinner, Healthier

April 2014
Eating a healthy breakfast has beneficial effects on appetite, insulin in the blood, and energy metabolism. An 8-year study of 2,059 men and women (part of the CARDIA study) looked at breakfast habits and risk of developing obesity or insulin resistance syndrome (a precursor to diabetes). Over the 8 years, white men who ate breakfast daily were 39% less likely to become obese, and 37% less likely to develop insulin resistance syndrome compared to those who didnít eat breakfast regularly. White women were 55% less likely to become obese and 53% less likely to develop insulin resistance syndrome if they ate breakfast daily.

FACT or MYTH: If I have a change in my relationship status, my life insurance beneficiaries automatically change.

April 2014
MYTH! As odd as it sounds, if your relationship status has recently changed, it is important that you notify your life insurance agent. Many times a change in your relationship status is indication that your beneficiaries and other dependent information should be changed on your life insurance policies. If you get married, divorced, etc. and expect your beneficiaries to change, they will not change unless you amend your policy to reflect that change.

FACT or MYTH: Sharing on social media that I am away on vacation increases my risk for home burglary and theft.

April 2014
FACT! A burglary is a property crime occurring when a person enters or remains unlawfully in a home or building with the intent to commit a crime. It is a crime of opportunity. Sharing with others that you will be away from your home for an extended period creates a massive opportunity for criminals.

Ready Your Home for Spring Storms

March 2014
While it's true that itís difficult to predict Mother Nature, you can take steps ahead of time to prepare your home for spring storms, minimize property damage and keep your family safe. Use these tips to prepare for whatever Mother Nature has in store this season.

Peel & Holland Sponsors Marshall County Students for Murray Half Marathon

February 2014
Peel & Holland is excited to announce its sponsorship of students that attend Marshall County Schools and Christian Fellowship for the upcoming Murray Half Marathon. The first 60 students who stop by Peel & Hollandís Benton office will receive a free registration for the half marathon in Murray, which will be held on April 12th.

FACT or MYTH: As long as my child is in college, the contents of his student housing is covered on my homeowner policy.

January 2014
MYTH! While this is generally the case, if your child is pursuing a graduate degree or extended studies and reaches the age of 24, his or her contents coverage is reduced.

FACT or MYTH: Using cruise control while driving in wintry conditions can be hazardous.

January 2014
FACT! Using cruise control can cause your car to accelerate when it doesn't need to, such as when you hydroplane or skid, and can cause deadly accidents. Old man winter is upon us, and he has brought some potentially hazardous driving conditions with him. We have compiled some winter weather driving tips to help keep you and your family safe.

FACT or MYTH: My agents at Peel & Holland will still be available, even if there is a really bad ice storm.

December 2013
FACT! The folks at Peel & Holland take pride in our accessibility for our clients. We are here when you need us. You can call us 24/7 to enter a claim by calling 800.599.8621 or by dialing any of the main office numbers for our four locations (527.8621 for Benton; 247.4852 for Mayfield; 753.4451 for Murray; or 443.2550 for Paducah).

FACT or MYTH: A healthy 30-year-old man can pay less than $14 a month for a 20-year, $250,000 life insurance policy.

November 2013
FACT! Life insurance is much more affordable than many people realize. While it is an expense for which you have to budget, imagine what the financial impact would be for your family if something happened to you and you had no coverage.

FACT or MYTH: If I switch insurance agents, I lose my good loss history.

November 2013
MYTH! This is a common misconception. When switching agencies or insurance companies, your good (or bad!) history is considered in the same way as it is with your current providers.

FACT or MYTH: When involved in an auto accident, it is unnecessary to obtain information from the other driver

November 2013
MYTH! After an accident, it is essential that you gather pertinent information from the other party as all information needed to file a claim will not be recorded on a police report. After addressing any injuries incurred to yourself or the other party, if damage has been done to any involved vehicle you should then obtain the following:

FACT or MYTH: If a trick-or-treater is injured on my property, I can't be sued and don't have to pay any of his or her medical bills.

October 2013
MYTH! Halloween or not, when injuries are sustained on your property by invited or uninvited guests, you can be vulnerable to insurance claims and lawsuits. Injuries to the trick-or-treater would be covered by the homeowner liability portion of your policy. Should the medical expenses or potential litigation exceed your policy limits, your umbrella coverage would kick in to cover the costs-if you have one.

FACT or MYTH: My auto insurance automatically extends to cover my children when they turn 16.

October 2013
MYTH! Carriers differ on when a driver needs to be added but the need for their addition is standard. Many companies require a new driver to be added to your policy when they turn 16, while others demand their coverage only when the driver obtains his or her unrestricted license. We recommend that you contact your agent when your child turns 16 to discover what your carrier and policy requires to ensure adequate coverage is extended to your new driver.

FACT or MYTH: Having a working smoke alarm cuts the chances of loss of life in a reported fire in half.

October 2013
FACT! Smoke alarms that are working and are properly installed play a vital role in reducing fire-related death and injury. According to the National Fire Protection Association, when smoke alarms fail to operate, it is usually due to the batteries being dead, disconnected, or missing. We suggest changing the batteries in your smoke detectors as you change the time on your clocks this weekend. Replacing the batteries and testing these devices helps to ensure your familyís safety in the event of a fire.

FACT or MYTH? If my home is destroyed, I don't have to build it back to get money from my insurance company. I can simply take the money to do as I please.

October 2013
MYTH! This is a common misconception. If your home incurs a total loss covered by a claim, your insurance carrier will provide you with the money to rebuild that home. It will not, however, provide you with the replacement cost to spend at your discretion.

FACT or MYTH? You do not have to be a millionaire to be sued for a million dollars.

October 2013
FACT! Everyday individuals with adequate insurance coverage are sued for amounts that are both in excess of their personal liability coverage and also in excess of their personal wealth. Situations where such a lawsuit could occur are common and include, but are certainly not limited to, the following:

FACT or MYTH? Going through an agent to purchase your health insurance does not cost any more than if you purchase it on your own.

October 2013
FACT! Our team at Peel & Holland is here to assist you in purchasing your health insurance at no additional cost!

HHS Delays Enrollment in Small-Business ACA Federal Marketplaces for One Month

October 2013
The Obama administration has announced today that the Small Business Health Options Program (SHOP) marketplaces operated by the Department of Health and Human Services (i.e., the Federal Exchanges) will not be ready for open enrollment on October 1, 2013. Rather, open enrollment will commence on November 1, 2013 with an anticipated start of coverage on January 1, 2014.

Peel & Holland named IIABA Best Practices Agency!

September 2013
Peel & Holland has been selected to be part of an elite group of independent insurance agencies around the United States participating in the Independent Insurance Agents & Brokers of America (IIABA or the Big "I") "Best Practices" Study Group.

Managing Landlord-Tenant Risks

September 2013
Managing rental property can be a rewarding, yet risky business. In addition to many other responsibilities, you must ensure the property is a safe habitat, as you could be liable for lawsuits that arise because of injuries sustained. What steps are you taking to reduce the likelihood of lawsuits?

10 Dangerous Distracted Driving Habits

August 2013
Distracted driving can be attributed to a number of factors. Here are ten dangerous distractions that every driver should avoid.

Peel & Holland kicks off Attentive Driving Campaign

August 2013
Peel & Holland kicked off an Attentive Driving Campaign on July 30th, during a presentation to Peel & Holland employees and their families. Speakers included Patrol Officer Gretchen Morgan and Captain Donald Hodgson of the Paducah Police Department, as well as Hillary Coltharp, a young woman whose life was dramatically changed due to distracted driving.

AARP 55 ALIVE Driver Refresher Course

August 2013
Did you know that you can save up to $50 per year, per person, on your auto policy by taking a driving course? The cost to you is only $12 if you are a current AARP member, or $14 for non-AARP members. The credit from taking one course will apply for three to five years depending on the insurance carrier. Anyone may take the class, but you must be 55 or older to qualify for the discount on your automobile insurance policy.

April is Distracted Driving Awareness Month

April 2013
The National Safety Council has designated April as Distracted Driving Awareness Month. According to the National Highway Traffic Safety Administration, there were more than 3,000 fatalities resulting from distracting driving in 2011.

10 Tips for a Safe Fourth of July

July 2012
Here are some tips to ensure your holiday is fun and safe for the entire family.